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ThinkingAntsOk
Aug 6, 2019 2:38 PM

Short Trade on LTC/USD (LITECOIN) explained by ThinkingAntsOk Short

Litecoin / United States DollarCoinbase

Description

Daily Chart Explanation:


The Ascending Channel has been broke, and now a corrective structure is being made towards it and the Resistance Zone. If the structure is broke, we expect a downside move to the Middle Support Zone, and if it is broke, then the Major Target is the Weekly Support Zone at 25.


Weekly Timeframe:




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